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How long will it take to close on a USDA loan?

Usda home loan will they take my refund?

  • Our home foreclosed in Aug of 2010. Will they take our tax Refund? It was threw USDA Rural Development. We had gotten a letter back in Aug or Sept of 2011 saying we had 180 days or action will be taken..No Garnishment have taken place yet.. Will Bankruptcy take care of them? We were not married at the time that he owend the house.It's only his name.He claims me and my two children on his tax return.I did not work any of the year 2011 so I'm not filing. So ????

  • Answer:

    I would hope so. Since you paid no taxes they should be able to take the full amount. They will eventually start garnishing his wages too, so you might think about getting a job, his income is going to decrease by 25%

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